KUALA LUMPUR: Sunway Real Estate Investment Trust's (SunREIT) unit SunREIT Capital Bhd has issued RM850mil in nominal value of commercial papers (CPs).
It said on Thursday the CPs were accorded a short a short term rating of P1(s) by RAM Rating Services Bhd.
The RM200mil CPs, will be under a competitive tender, have a tenure of three months and will mature on July 25.
The other RM300mil in CPs would have a one-month tenure and will be placed out while the RM350mil CPs, which would also be placed out, would have a tenure of three months.
By The Star
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